2700 Cornell St - Apartments FOR SALE


Bakersfield, CA 93305- College Heights
$2,250,000 USD
419-206-7117
2700 Cornell St, Bakersfield, CA for Sale
$2,250,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

2700 Cornell St
Bakersfield, CA 93305
College Heights


HIGHLIGHTS

  • Close to shopping and restaurants.

OVERVIEW

Exceptional multi-family investment opportunity at 2700 Cornell St, Bakersfield, CA! This well-maintained 17-unit property features a strong and desirable unit mix with sixteen spacious 2-bedroom, 1.5-bath units and one 3-bedroom, 2-bath unit, attracting long-term tenants and maximizing rental appeal. Located in a high-demand rental market, this asset consistently produces strong rental income with low vacancy, supported by Bakersfield's growing population and affordable housing demand. The property has been well cared for and offers cash flow with potential for future rent growth. With its solid income performance and location, this is a prime opportunity for any savvy investor looking to expand their portfolio.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

17

PRICE/UNIT

$132,353

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

26,932 SF

ZONING

R3

APN/PARCEL ID

021-363-24-00-9

ASK ABOUT THIS PROPERTY

Eric Van DenkCentral Valley Property AdvisorsMore Info
419-206-7117

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Eric Van DenkCentral Valley Property AdvisorsMore Info
419-206-7117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.